Articles Tagged with "BAIC Group"

BAIC Motor posts 8.2% YoY drop in Q1 2022 revenue
BAIC Motor posts 8.2% YoY drop in Q1 2022 revenue

BAIC Motor Corporation Limited (“BAIC Motor”), a HK-listed subsidiary of BAIC Group, announced earlier this week its revenue in the first quarter of 2022 reached around 45.73 billion yuan ($6.972 billion), sliding 8.2% year on year.

Apr. 28 , 2022
Gasgoo Daily: MIIT to expedite regulations on V2X data security
Gasgoo Daily: MIIT to expedite regulations on V2X data security

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Apr. 14 , 2022
Beijing Borgward files for bankruptcy
Beijing Borgward files for bankruptcy

Beijing Borgward officially filed for bankruptcy to the First Intermediate People's Court of Beijing Municipality on April 8th, according to its parent company Foton’s announcement.

Apr. 11 , 2022
Beijing Hyundai sets annual sales target of 520,000 vehicles by 2025
Beijing Hyundai sets annual sales target of 520,000 vehicles by 2025

On March 23rd, Hyundai Motor Group disclosed its target to sell 520,000 vehicles annually in China by 2025 via its Chinese joint venture, Beijing Hyundai.

Mar. 23 , 2022
Beijing Hyundai secures $942.2 million capital increase from two parent firms
Beijing Hyundai secures $942.2 million capital increase from two parent firms

BAIC Investment and Hyundai Motor have entered into an agreement to jointly inject capital of around $942.2 million in their joint venture Beijing Hyundai, according to an announcement issued on March 18 by BAIC Motor, the parent of BAIC Investment.

Mar. 21 , 2022
Trunk.Tech completes Series B financing round led by BAIC Group
Trunk.Tech completes Series B financing round led by BAIC Group

China’s commercial vehicle autonomous driving developer, Trunk.Tech has completed its Series B financing round led by BAIC Capital, the venture capital of BAIC Group.

Feb. 16 , 2022